The return for institutional investors from Vodafone's sale of its stake in Verizon Wireless will be diluted and could even put pension schemes at risk, experts warn.
The deal will see Vodafone sell its 45% stake in US telecom company Verizon Wireless to partner Verizon Communications for £84bn. The two firms created Verizon Wireless as a joint venture in 2000. ...
To continue reading this article...
Join Professional Pensions
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date
